New Delhi. We are telling you about a special business (Business Idea). Which you can start with less money and earn more profit. We are talking about biscuits, yes biscuits are such a thing which is always in demand. Its demand never decreases. During the lockdown, when all the industries were badly affected, the sales of Parle G biscuits were so high that the record of the last 82 years was broken. In such a situation, setting up a unit to make bakery products can be a better option.
If you want to open a bakery industry, then Modi government itself is helping you for this. To start a business under Mudra Scheme, you will have to invest only Rs 1 lakh. Fund support up to 80 percent of the total expenditure will be available from the government. For this, the government itself has prepared the project report. According to the structuring of the business done by the government, after deducting all the expenses, you can earn a profit of more than Rs 40 thousand every month.
Also read: Stop worrying about job and start this business in just Rs 70 thousand, you will earn for 25 years, government will bear 90% of the expenses.
how much will it cost
Total cost of setting up the project: Rs 5.36 lakh. In this you will have to invest only Rs 1 lakh from yourself. If you are selected under Mudra Scheme, you will get term loan of Rs 2.87 lakh and working capital loan of Rs 1.49 lakh from the bank. Under the project, you should have your own space up to 500 square feet. If not, then it will have to be taken on rent and shown along with the project file.
how much will be the profit
According to the project report prepared by the government, the total annual production and its sale has been estimated at Rs 5.36 lakh in this way.
Rs 4.26 lakh: Cast off production for the entire year
Rs 20.38 lakh: So much product will be made in the whole year that it will fetch Rs 20.38 lakh by selling it. Let us tell you that the selling price of bakery products has been fixed at a lower rate based on the rates of other items available in the market.
Rs 6.12 lakh: gross operating profit
70 thousand: Expenses on administration and sales
60 thousand: bank loan interest
60 thousand: other expenses
Net Profit: Rs 4.2 lakh annually
Also read: Stock worth Rs 7.13 became worth Rs 718, Rs 1 lakh became Rs 10 crore, do you have it?
Apply for Mudra Scheme
For this, you can apply in any bank under Pradhan Mantri Mudra Yojana. For this you will have to fill a form, in which these details will have to be given… name, address, business address, education, current income and how much loan is required. There is no need to pay any kind of processing fee or guarantee fee in this. The loan amount can be returned in 5 years.
Tags: Business from home, Business opportunities, Earn money, How to earn money, Starting own business
FIRST PUBLISHED : September 19, 2021, 08:24 IST